Cleaner – Weed Killer – Flower Preserver – Who knew vodka as so versatile…read more
Posted by: The Elephant Owner in Science and Technology on October 23rd, 2010
Share on FacebookI usually hate political ads, but this one is great. It’s entertaining and states the problem…Barney Frank is incompetent. No Bubble?
The real unemployment rate (or U6) is now 17.1% and has been over 16% since May 2009. This number reached 10.4% during the last recession.
This is why progressives like Harry Reid believe they are above the rules. They have inflated egos.
With the supply of rare earth elements at risk because of a trade war with China,
U.S. rare earth companies have begun looking to reopen old mines and search for new deposits, but industry experts say that relaunching an independent U.S. supply chain could take 15 years…read more
This is yet another sign that the Obama Administration knows nothing of markets and trade. They started this war in a quest for “green jobs”. Now we will have to spend resources to reopen old mines. One can presume the old mines are more expensive to run than to just by the rare elements from China. If it was cheaper (or even the same cost), the old mines would already be in operation.
In a quest to create a certain type of job, we will all pay the price (literally through more expensive products) for a President who hold the free market in contempt.
Posted by: The Elephant Owner in Economics on October 21st, 2010
Fannie and Freddie, the federally controlled mortgage finance giants, will need as much as $215 billion more from taxpayers in the next three years to meet their financial obligations, the Federal Housing Finance Agency said Thursday…read more
Thanks Barney Frank. Thanks Chris Dodd. The debt and periodic bail outs are a constant reminder of your incompetence and corruption
Stop using our tax dollars to support a partisan operation
Posted by: The Elephant Owner in Liberal Bias on October 21st, 2010
Wind sells to over regulated utilities. Solar has more demanding customers.
While wind power tried to dictate terms to their captive clients (too often successfully), the cost of solar power and natural gas continued to fall, to the point where nobody could make a straight-faced case for wind as a competitive technology, and certainly not the offshore wind farms that are the new rage. Rage as in what customers will feel when they see their bills…read more
Posted by: The Elephant Owner in Alternative Energy on October 21st, 2010
Barack Obama is arrogant. He has taken it upon himself to change the Declaration of Independence. He has now paraphrased the Declaration with an alteration. Three time he has quoted these parts:
We hold these truths to be self evident that all men are created equal endowed with certain inalienable rights life and liberty and the pursuit of happiness.
He left out “endowed by their creator”. It is an important point. I hugely important point. Some Democrats would have you believe that you get your rights from the government. We were founded on the principal that you get your rights from God. If your rights are granted by the government, then the government can deny you these rights.
Why would he alter the Declaration? He won’t say. We have can only guess…and I guess it is to appease the militant atheists in this country.
The edit was no slip and it is no surprise. His wife told us he would do this. She said on a campaign stop in Puerto Rico:
Barack knows that we are going to have to make sacrifices; we are going to have to change our conversation; we’re going to have to change our traditions, our history; we’re going to have to move into a different place as a nation.
He is rewriting the Declaration (for political correctness?). Does Barack Obama know better than author Thomas Jefferson and his collaborator…Ben Franklin?
Posted by: The Elephant Owner in Obama Administration on October 21st, 2010
I guess all that tax money we spent training our military to be honorable was a complete waste as applied to Joe Sestak.
Pat Toomey tried to save Social Security. Here is the introductory statements to the bill Pat Toomey co-sponsored:
One of the things I have consistently heard from folks back home is the very simple idea that the first part of saving Social Security is making sure that Social Security taxes stay with Social Security. That is what this bill does because it takes the Social Security surplus, whatever that happens to be, and simply rebates it back to the people paying Social Security taxes, not to go out and fix up the car or buy a refrigerator with it, but instead to go into their own personal Social Security savings account that would be held by a fiduciary like the local bank.
The individual could not get their hands on the money until they turn 65, but they would get a monthly statement and for the first time, because of the private property rights that come with an account like that, for the first time have a firewall created between political forces in D.C. and their Social Security surplus.
These seniors can’t afford to have their money rebated back to them in the form of a personal retirement account? It costs them nothing. Instead, they gain a retirement account.
So who loses under this plan? The out-of-control politicians who use our hard earned dollars for their pet projects and re-election pay-offs.
Joe Sestak can’t debate the real issue, so he misinforms a bunch of seniors and has them pull on your heart strings. Don’t fall for this dishonorable tactic.
My prediction from exactly 2 years ago
Barack Obama, Nancy Pelosi and Harry Reid are not going to cut my taxes. First, they will let the Bush tax cut expire. They may not call it a tax increase, but it means more money out of my pocket.
Posted by: The Elephant Owner in predictions,Taxes on October 20th, 2010
It’s no surprise, but Eugene Robinson of the Washington Post gets it all wrong again. As he ponders weather a wave is headed toward Washington in November, he reflects on the meaning of change:
The conservatives and tea party activists who believe they’re going to fundamentally change the relationship between citizens and their government will become just as disillusioned as the progressives and independents who believed they were fundamentally changing that relationship in 2008. Two years from now, we might well be looking at yet another wave — flowing in the opposite direction. Our politics have become tidal.
There is a huge amount of over-lap in the conservative/tea party activist group and a sliver of an intersection between the independents and progressives. Robinson fails to realize that the landscape has changed.
Yes, the moderates move in cycles like a pendulum swinging back and forth. That is not particularly astute. Where I think Robinson misses the mark is big picture. (more…)
Posted by: The Elephant Owner in Election,Liberal Bias on October 20th, 2010
This is what happens when the money gets tight in a society that feels entitled, when the profits are “shared”, and when individual responsibility is rare.
Posted by: The Elephant Owner in Economics on October 19th, 2010
This is outrageous
Three van loads of Hughes High students were taken last week – during school hours – to vote and given sample ballots only for Democratic candidates and then taken for ice cream…read more
Posted by: The Elephant Owner in corruption,Election on October 19th, 2010
Peter Ferrara examines Obama versus Carter and Carter wins
The precedent for President Obama is not President Reagan, but President Carter. Indeed, he is not on the same trajectory as Carter, he is doing far worse. In 1978, the unemployment rate was 6.1%. Real GDP grew by 5.6%.
It is a joke to compare Obama to Reagan (even though this has been tried by liberals who hate Reagan and love Obama)
But in his first two years, President Reagan slew the historic inflation of the 1970s, which had seen prices soar by 25% in just two years over 1979-80. Annual inflation was cut in half by 1982 to 6.2%, and in half again by 1983, to 3.2%. Even Keynesians hold that there was no way to stop that inflationary surge without a downturn. In President Obama’s case, however, instead of slaying a historic inflation, he is creating another one.
After slaying inflation, economic growth returned and with it came prosperity, hope and pride in America again. We can only hope that Obama can restore a portion of what Reagan did.
Posted by: The Elephant Owner in Economics on October 19th, 2010